Warren Buffett & Bill Gates Discuss Success, Mistakes and Work/Life

In this discussion, students from the University of Nebraska got to ask Bill Gates and Warren Buffett questions of their choosing. The questions vary widely and can be found below. Warren Buffett and Bill Gates are two of the richest people in the world and their answers and advice are invaluable to anyone looking for success.

Date: September 2005
Location: University of Nebraska

Audio is out of sync in parts.

Video Segments:

0:00 Start
0:01 Intro
3:14 Start of speech
3:35 Start of questions
3:36 How to instill ethical management?
5:41 Has Bill thought about taking over from Warren when he retires from Berkshire Hathaway?
8:08 How did Warren and Bill meet?
10:24 Typical work day?
13:19 After the Xbox 360, where do you see video games going?
15:04 If you dropped a hundred dollar bill, would you pick it up?
15:40 Best piece of advice you have ever been given?
17:27 When you need advice, who do you go to?
21:35 How can a employee accelerate their path to management?
24:32 What habits at the beginning of your career aided your success?
27:49 How will globalization affect small business?
29:31 Biggest mistakes you have ever made?
32:46 How much money do you carry in your wallet?
33:54 How do you make decisions?
36:05 Issues facing society?
38:10 What super power would you have, and why?
40:00 How do you ensure your children live a normal life?
43:47 Do you support a flat income tax?
46:48 How do you feel your wealth contributes to global prosperity?
49:45 Where do you see yourself in 10 years?
51:46 Definition of success?
54: 30 End of speech and outro